U.S. stocks fell on Tuesday after a weak consumer confidence report fueled concerns the housing slowdown could spread into the broader economy and hurt profits.
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Original post by Publicbroadcasting.net
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Stocks in the U.S. finished to the downside Tuesday following a disappointing report on consumer attitudes and more unsettling news from the housing sector.
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Stocks stumbled Tuesday as investors grew wary when new data raised the possibility that the nation’s weak housing market would seep into the broader economy and crimp consumer spending.
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Stocks that were moving substantially or trading heavily Tuesday on the New York Stock Exchange and Nasdaq Stock Market: NYSE Lennar Corp., down 10 cents at $44.44 The homebuilder said first-quarter profit …
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U.S. stocks fell on Tuesday after consumer confidence declined more than expected in March and a major home builder scrapped its 2007 outlook, the latest evidence of a slowdown in housing.
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Stocks stumbled Tuesday as new data stirred up worries that the nation’s housing market may be slowing sharply enough to seep into the broader economy and crimp consumer spending.
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In the first minutes of trading, the Dow Jones industrial average fell 52.87, or 0.42 percent, to 12,416.20. Broader stock indicators were also lower.
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Stocks fell Tuesday as worries mounted that the nation’s housing market may be slowing sharply enough to seep into the broader U.S. economy and crimp consumer spending.
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Stocks stumbled Tuesday as worries mounted that the nation’s housing market may be slowing sharply enough to seep into the broader U.S. economy and crimp consumer spending.
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Stocks fell Tuesday as worries mounted that the nation’s housing market may be slowing sharply enough to seep into the broader U.S. economy.
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